Jimmy Williams President-elect Donald Trump announced Monday his intention to impose sweeping tariffs on imports from Mexico, Canada, and China as a key part of his upcoming administration’s trade policy. The proposal could significantly disrupt international trade and potentially violate the U.S.-Mexico-Canada Agreement (USMCA), a major economic pact established during …
Read More »Trump Vows To Levy ‘horrible’ Tariffs On Imports, Rejecting Fears of Inflation Spike
Jennifer Shutt, Maine Morning Star Republican presidential nominee Donald Trump defended his plans for steep tariffs on Tuesday, arguing economists who say that those higher costs would get passed onto consumers are incorrect and that his proposals would benefit American manufacturing. During an argumentative hour-long interview with Bloomberg Editor-in-Chief John …
Read More »Biden Administration Raises Tariffs on Chinese Exports to Combat Unfair Trade Practices
Jimmy Williams President Joe Biden announced on Tuesday that his administration is raising tariffs on $18 billion worth of Chinese exports, including electric vehicles. This move is part of the White House’s strategy to counter what it considers unfair trade practices by China. The U.S. escalation marks a new phase …
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